SEC Form 4 · accession 0001325670-17-000001
Primis Financial Corp. · FRST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles A Kabbash
Director
Period of report
Jan 4, 2017
Accepted (ET)
Jan 4, 2017 · 2:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001325670
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Southern National Bancorp of Virginia Common StockF2 | Jan 4, 2017 | P | 11,000 | $9.09 | A | 11,000 | D | |
| Southern National Bancorp of Virginia Common Stock | holding | — | — | — | 42,585 | D | ||
| Southern National Bancorp of Virginia Common StockF1 | holding | — | — | — | 26,073 | D | ||
| Southern National Bancorp of Virginia Common Stock | holding | — | — | — | 11,520 | I | By IRA | |
| Southern National Bancorp of Virginia Common Stock | holding | — | — | — | 6,862 | I | By Wife's IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant's (Right to Buy) | $9.09 | Jan 4, 2017 | P | 11,000 | D | Aug 27, 2004 | Apr 14, 2017 | Common Stock | 11,000 | 0 | D |
| Employee Stock Option (Right to Buy) | $14.73 | holding | — | — | — | Jan 24, 2008 | Jan 24, 2017 | Common Stock | 1,100 | 1,100 | D |
| Employee Stock Option (Right to Buy) | $9.20 | holding | — | — | — | Jan 23, 2009 | Jan 23, 2018 | Common Stock | 1,000 | 2,100 | D |
| Employee Stock Option (Right to Buy)F3 | $6.24 | holding | — | — | — | Feb 9, 2013 | Feb 9, 2022 | Common Stock | 2,000 | 4,100 | D |
| Employee Stock Option (Right to Buy)F4 | $9.32 | holding | — | — | — | Jan 29, 2014 | Jan 29, 2023 | Common Stock | 3,500 | 7,600 | D |
Explanation of responses
- F1These shares are owned jointly with spouse.
- F2These shares are held in The Charles A. Kabbash Revocable Trust
- F3These options are exercisable as follows: 400 on 2/9/2013, 400 on 2/9/2014, 400 on 2/9/2015, 400 on 2/9/2016, 400 on 2/9/2017.
- F4These options are exercisable as follows: 700 on 1/29/2014, 700 on 1/29/2015, 700 on 1/29/2016, 700 on 1/29/2017, 700 on 1/29/2018.